IMF MD Rodrigo de Rato stated at the G20 meeting in Melbourne last weekend that “The link between greenhouse gas emissions and changes in global temperature is now well-established,” “It is a matter of fact rather than of faith. The consequences of global warming are less certain, but they are expected to be serious.” If these numbers ( Stern Report) are borne out even broadly by further analysts, they are alarming indeed, iIn terms of the effect on people’s quality of life, here in Australia and worldwide, the effects could be devastating.”